according to Wells Fargo's latest retirement survey that polled 1,500 middle-class Americans drew what i term as shocking revelations.
some of the findings from the survey found that:
a. on average, americans have only saved a mere 7% of retirement nest egg they were
hoping to build
b. respondents whose age ranges from 20 to 80 had median savings of only $25,000 when
their median retirement savings goal was $350,000
c. 30 % of people in their 60a have saved less than $25,000 for retirement
d. three fourths of middle class americans expect to work throughout retirement
joe ready, director of wells fargo institutional retirement and trust said:
"The fact that the vast majority of middle-class Americans expect to work well past the traditional retirement age has significant societal and economic implications. Will people be physically and mentally able to work later in life? What will it mean for young ......
according to Wells Fargo's latest retirement survey that polled 1,500 middle-class Americans drew what i term as shocking revelations.
some of the findings from the survey found that:
a. on average, americans have only saved a mere 7% of retirement nest egg they were
hoping to build
b. respondents whose age ranges from 20 to 80 had median savings of only $25,000 when
their median retirement savings goal was $350,000
c. 30 % of people in their 60a have saved less than $25,000 for retirement
d. three fourths of middle class americans expect to work throughout retirement
joe ready, director of wells fargo institutional retirement and trust said:
"The fact that the vast majority of middle-class Americans expect to work well past the traditional retirement age has significant societal and economic implications. Will people be physically and mentally able to work later in life? What will it mean for young ......
